“Yesterday my hair dresser told me that I need to be buying Bitcoin. She said she’s buying a lot of it because it’s only going up from here.” Professional investors, traders, and portfolio managers will joke with one another about investment advice they receive from non-professionals. This isn’t meant to be condescending. Portfolio managers simply […]

Alphabet (GOOG), the company that runs Google, released their 2nd-quarter earnings today. To everyone’s surprise, revenue and earnings came in above analysts’ expectations. In other words, the company earned more money last quarter than people expected. This is good news, right?! Doesn’t this mean Alphabet is doing well? If so, why is the stock price down? […]

Bonds are possibly the oldest financial instrument in history. That’s because a bond is a loan, and lending has been around for thousands of years. There are trillions (yes, Trillions) of dollars worth of bonds outstanding around the globe. That’s a lot of borrowing and lending! The global bond market is much larger than the stock […]

What are stocks? I know you’ve heard about them, the stock market is always on the news. It makes fortunes and failures. But what are stocks? Why do people buy them? And why do they have value? Stocks represent ownership in a business. For example, lets consider the company Alphabet (Google for you stubborn folks). […]

Investing is like tennis. It’s a loser’s game. I don’t mean to say that those who play tennis are losers. What I mean to say is that the way you win at tennis is different than other games. In order to win a winner’s game, like Football, a person (team) must make winning moves, they must execute […]

You’ve heard it before, “Time is money!” I bet you didn’t know that this is true, both figuratively and literally. Repeat after me, “A dollar today is worth more than a dollar tomorrow.” “A dollar today is worth more than a dollar tomorrow.” This is the first lesson in finance. It’s also the most important lesson. […]